Tower Firm SBA Communications Said to Explore Potential Sale (2)

SBA Communications Corp. is exploring options including a potential sale after the tower owner and operator received preliminary takeover interest, according to people familiar with the matter.

Large infrastructure funds have been circling the telecommunications company, the people said, asking not to be identified because the matter is private. SBA is working with advisers to evaluate the interest, the people said.

Deliberations are at an early stage and there’s no certainty they will lead to a deal, the people said. Representatives for SBA didn’t immediately respond to requests for comment.

Any deal would be large considering the size of the ...